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tim5400
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Posts posted by tim5400
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wasnt what i expected ...but...thanks for the post
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Ok good news ...were waiting patiently
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Interesting
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Iraq
The Paris Club delivers the 3rd phase of debt reduction for Iraq
December 22, 2008
Paris Club creditors agreed with the Republic of Iraq on 21 November 2004 on a comprehensive debt treatment of public external debt providing a total amount of debt reduction of 80 % in three phases.
The first two phases entered into force respectively on 21 November 2004 and on 23 December 2005 and already brought down the public external stock of debts due to Paris Club creditors by 60%.
The remaining third phase granting an additional 20% debt reduction was conditional upon successful completion, no later than 31 December 2008, of the last review of a 3-year implementation of upper-credit tranche arrangements with the IMF.
In this regard, Paris Club creditors took note of the approval by the IMF Board of the second and last review of implementation by the Government of Iraq of the stand-by arrangement on 17 December 2008.
Furthermore, Paris Club creditors consider that the Government of Iraq has made its best efforts to seek comparable treatment from all its other external creditors, with the conclusion of comparable debt treatments with 58 out of 73 Iraq’s sovereign creditors. Paris Club creditors urge the remaining 15 creditors of Iraq to follow suit.
As a result, Paris Club creditors have decided to deliver the remaining 20% debt cancellation foreseen in the November 2004 agreement.
This final debt treatment reduces the total stock of debt due to Paris Club creditors to 7.8 billion US dollars.
PDF version PRIraq22122008.doc 41.5 Kb
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I saw this whole delay coming 9 months ago when Maliki pulled the dictator card on everyone. Now im losing faith.......i need REAL POSITIVE NEWS.......CMON
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looks to me like a mob mentality.....go with the flow or your heads next IMO
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WELL....That put the whole thing in a nutshell
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Dont trust a monkey!
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Nows a good time to dissolve OPEC...if thats possible
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In hear allot of comparision of the Dinar coming out on par with the Dollar and the Euro. My question is with both of currencies faltering as both America and the EU are in debt over their heads. Why are we comparing the Dinar to these weak currencies when Iraq may soon be the Wealthiest country on the Earth? Im no Economist but to compare these currencies as "on Par" once it RV's I think Iraq is coming out on the short end of the stick. Please comment.....Im here to learn Go RV
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I have a question???-----How come there are Countries borrowing Iraq money when Iraq possibly owes every country on the Planet money,(paris club debt sound familiar). Something just isnt right....Im just a casual observer but the way some countrys throw cash at Iraq confuses me
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SHOW ME THE MONEY (LOWER DENOMS)
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Ill give you all my 2 cents worth....If we dont hear something positive today(Saturday ) or tomorrow from the IMF on the basket of currencies or the Dinar...we may be waiting a few more weeks. I can wait but dont want to.....I gotta get out of this frozen wasteland..Go RV
The wife needs a vacation too 
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Someone (not me) said this investment was like a pennystock like Coke you get the picture....big upside with their natural resources.......go RV.....has to happen
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DOES # 2 of THIS CONCERN ANYONE
Section 3 Relation to Existing Iraqi Law ........DOES # 2 of THIS CONCERN ANYONE
1) This Order replaces all existing foreign investment law.
2) This Order is subject to revision by the Administrator, or to adoption or replacement
by an internationally recognized, representative government established by the people
of Iraq.
3) Future Orders or other guidance will be issued concerning various sectors of the
economy
Read more:
Could the GOI abolish this investment???? Anyone care to comment ??/
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2009 Presidential Council - Barzani, Maliki, Talibani and Mahdi
Thursday, December 30th 2010
Adel Abdul Mahdi to be Iraqi vice president
Baghdad, A member in the Supreme Council of the National Coalition, said on Thursday, that the Vice-President position was reserved for Adel Abdul Mahdi, pointing out that the president Jalal Talabani insisted on this.
Abdul Hussein Abtan, told AKnews that Mahdi will have the position of the Iraqi vice president as a candidate of the National Coalition.
Abtan mentioned that Mahdi was chosen by the presidnet, becuase he was recognized for beeing a hardworder as the vice president during the past period.
Turkmen lawmaker in the parliament demanded to have the vice president position and some service ministries, yet President Talabani expressed his desire to elect a third deputy for him; noting that the constitution did not state on this but it could be issued as a law.
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Well if thats going to be the tax .....i hope it rvs for at least $2.10
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Deputy for the national agreement: to approve the 2011 budget mid-next month
Baghdad, The deputy of the Iraqi National Alliance, on Wednesday, that the political blocs agreed on the Adoption of the budget law in 2011 mid-next month.
Haidar al-Yasiri of Kurdistan News Agency (Rn) that "the political blocs agreed on the Adoption of the budget law in 2011 the middle of next month after the discussion away from technical and political objectives."
The House of Representatives postponed the first reading of the draft budget for 2011, after 72 deputies objection to the interim financial report of the Committee, containing some observations on income and deficit and the financial allocations for some of the institutions and ministries.
Yasiri and that "two sets of the House of Representatives next planning to focus heavily on the discussion of budget law of 2011 and address the financial problems in it."
He Yasiri that "the Commission interim financial had many of the observations on the draft budget submitted by the Government and will be at the meetings of the House of Representatives allocated to read the observations of the budget."
The coalition and Kurdish blocs objected to the House of Representatives to discuss the first reading of the draft budget for 2011, and stipulated the formation of a vote by the Finance Committee.
And Iraq's cabinet approved the draft general budget for 2011 a deficit of $ 12 billion will be covered by the amounts retained from the previous year's budget and borrow internally and externally, between the expected income is estimated at 66.7 billion dollars, while expenditures amounted to 78.7 billion dollars, a shortfall of $ 12 billion .
The initial budget for Iraq in 2011 about 86 billion and $ 400 million, an increase of up to 14 billion dollars in the last budget.
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December 29, 2010
Sharm el-Sheikh economic summit will discuss the fate of Baghdad
Cairo: Arab diplomats revealed on Wednesday that the Arab leaders who will attend the Arab Economic Summit in Sharm el-Sheikh next month will discuss the fate of the next Arab summit, which will be headed by Iraq and whether they will be held in Baghdad.
The diplomats said the Arab foreign ministers will hold a meeting on the sidelines of the economic summit scheduled for January 19 to discuss the decision to hold the summit in Baghdad in the last week of the month of March next.
The Arab summit held in Libya in the month of March last had approved Iraq's presidency of the summit according to the system in force patrol the summit, but it did not resolve whether held in Baghdad, waiting for improved political and security situation in the Iraqi capital.
Detection and diplomats told United Press International that the political and security delegation will visit Iraq early next year to conduct a comprehensive assess the situation in Baghdad and view the results of Rating on the Arab meeting in Sharm el-Sheikh.
And count the Iraqi government has allocated $ 300 million to host the summit to be held as evidence of the restoration of political and security situations in the country is still witnessing bombings and daily acts of violence and political infighting.
Diplomats say that many Arab states refuse to hold the summit in Baghdad, citing a variety of reasons, including that of the U.S. presence Osw relationship with the Iraqi leadership or security disorder.
Diplomats predicted that the clear image resolution on the convening of the Arab Summit in Baghdad ahead of economic summit in Sharm el-Sheikh.
The system offers the Arab League Summit held in the countries of the headquarters of the university if it could not be held in the capital of the State in which he presided.
The Secretary-General of the Arab League, Amr Moussa, said Monday that "there are still" three months to overcome the obstacles "in front of the meeting of Arab leaders" in Baghdad.
Moussa added that "there is general acceptance of the Arab leaders to participate in the event of the coming Arab summit held in Iraq."
Musa also disclosed that he will visit Iraq during the next two weeks to meet with Iraqi officials.
It was Hasan al-leader of the National Alliance, headed by Prime Minister Nuri al-Maliki said Wednesday that there was no intention to postpone the summit venue or transfer to any other country.
Sunaid said that the Arab League said the Iraqi government in Baghdad and held there for a private high security committee has taken all precautionary measures to secure the venue of the Arab summit.
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tk said so..... JUST KIDDING
Shabs said so..Maliki said they need rv...UN IMF WB..want rv -
take his dinar as collateral...give him the 4 grand with the stipualation he can have the dinar back after the rv or when he can pay you back..What are friends for ...Right
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Rate $1.50...Why..because 2 of the 3 voices inside my head tell me so. FACT
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He will be out of office b4 we are completely out of Iraq JMO...no link
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THANKS FOR THE SOUND EXPLAINATION OF WHERE WE STAND. ITS NICE TO KNOW SOMEONE ELSE BELEIVES THIS WILL HAPPEN. WE STILL HAVE A FEW DAYS BEFORE THE EOY GO RV
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MEDS CHAT 1/4 3 am RV HAS OFFICIALLY BEGUN ""COMFIRMED""
in Chat Logs
Posted
we will see how this pans out over the next week.....stay positive go rv